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16 December, Saturday

Ufa   °

Euromoney International Investment Forum is held in Ufa

Economy/Business

Ufa hosts the II Euromoney International Investment Forum these days.

A conference is devoted to the global, federal and regional investment environment and the key structural issues relevant to Bashkortostan and Russia as a whole. Euromoney participants will develop recommendations to address the issues raised.

“According to the international rating agency Standard & Poor's, Bashkortostan is characterized by a conservative policy relating to costs”, the Managing Director of Euromoney Institutional Investor PLC Neil Osborne said. “The agency expects that the republic will continue its accurate policy of cost control and continue economic growth. Bashkortostan is one of the most important regions of Russia, known for its active economic policy that has incentives for investors, encourages the development of small and medium-sized businesses, creates new opportunities.”

The First Deputy Prime Minister of the Government of Bashkortostan Republic Rustem Mardanov noted that Euromoney was a platform for presentation for potential investors of projects to be implemented or being implemented in the republic. Among them Rustem Mardanov named a number of infrastructure projects, public-private partnerships, for example, a new exit road out of Ufa to the federal highway M-5 "Ural" and construction of the road "Sterlitamak — Kaga — Magnitogorsk".

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